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stockmojo9

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stockmojo9

Re: The Godfather post# 107043

Monday, 06/19/2023 4:15:17 PM

Monday, June 19, 2023 4:15:17 PM

Post# of 110976
Godfather,

The CTs are guaranteed cumulative instruments with a deferment period for 5 years.

During the deferment period, the coupons were re-allocated to Senior creditors.

After 5 years, all coupons are to be paid back to the CT holders and re-instituted as defined in the syllabus.

This has not been done which is what is causing all the consternation.

Good luck. mojo9

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